Global Logistic Properties Accepts $11.6 Billion Buyout Offer

Global Logistic Properties Ltd. (SGX:MC0), one of the largest owners of industrial properties in the world, has accepted a proposed take-private buyout offer from a group of investors that includes Ming Z. Mei, the CEO and an executive director of the firm. The investment group buying GLP, Nesta Investment Holdings MidCo Ltd., is owned by a consortium including HOPU Investment Management, Hillhouse Capital Management, Bank of China Group Investment…

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